Solvency capital requirements are increased by as much as 20 percent for some syndicates’ plans.
The remedial actions of Lloyd’s, AIG and many others this year have done wonders for re-anchoring expectations upwards after years of declines.
Increased oversight by the Bank of England unit could erode Lloyd’s appeal, market protagonists warn.
Is additional capital load something that syndicates can also expect year after year?
Stamp movements show the aftermath of this year’s tough planning season.
Market sources described a frenetic dynamic between underwriting leaders and followers in the verticalised market.
The most destructive and deadly of the recent wildfires destroyed 13,972 residences and 528 commercial buildings.
The Sirius-backed MGA is growing rapidly in $53bn market.
Marsh data showed pricing in the US fell by 0.4 percent in Q3.
Secondary market pricing indications show that investors are expecting another $227mn of losses